The Bank of Japan’s negative interest rates came into effect economic problems in a multitude of thi 九妹图

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The Bank of Japan’s negative interest rates came into effect economic problems in a multitude of things U.S. stock market center: exclusive national industry sector stocks, premarket after hours, ETF, real-time quotes Sina warrants stocks Beijing time on the morning of 16 Bloomberg reported that the negative interest rate policy of Zhou Erzheng Bank of Japan resorted to force, the current financial market volatility increased, consumer spending is no doubt the vibration suppression of the growth in 2016 increased fear. Since the Bank of Japan President Kuroda Higashihiko decided to implement negative interest rate policy since January 29th, the past two weeks, the Japanese stock market volatility, the yen soared to boost investor confidence and family measures greatly reduced. The data released on Monday was even worse. In the fourth quarter of 2015, GDP shrank by an annualised rate of 1.4%. The decline in private consumption is the main reason for GDP’s decline than expected, and it is a loss to the prime minister Abe Shinzo’s efforts to revitalize the economy. So far this year, the yen against the dollar in 5.6%, erosion of the competitiveness of exporters, some economists are now questioning Kuroda Higashihiko’s new policy tool effect, at least in the short term. "Bad impression" of consumer negative interest rates, the impression is not good, "Itochu economist Takeda Jun said. "Family expenses deferred — prepared to meet the challenge." Takeda Chun and other economists believe that once the market stabilizes the negative interest rate policy or to help prevent the appreciation of the yen, the Japanese families may have a positive response, especially if their borrowing costs decline. Sumitomo Mitsui bank chief Japan economist Junko Nishioka said, the bank deposit rate is very low, so the negative interest rate may not further hurt the consumer. She said mortgage interest rates should go down, which is good for families. (Peng Bo) editor in chief: Zhang Yujie SF107